Williams & Novak LLC Makes New Investment in PIMCO Municipal Income Fund II $PML

Williams & Novak LLC acquired a new position in shares of PIMCO Municipal Income Fund II (NYSE:PML) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 411,495 shares of the investment management company’s stock, valued at approximately $3,255,000. PIMCO Municipal Income Fund II makes up approximately 2.5% of Williams & Novak LLC’s investment portfolio, making the stock its 7th biggest holding.

Several other institutional investors also recently modified their holdings of PML. Integrated Capital Management Inc. grew its position in PIMCO Municipal Income Fund II by 34.9% during the 2nd quarter. Integrated Capital Management Inc. now owns 46,356 shares of the investment management company’s stock worth $345,000 after acquiring an additional 11,988 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its stake in PIMCO Municipal Income Fund II by 200.0% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 120,000 shares of the investment management company’s stock valued at $949,000 after buying an additional 80,000 shares during the last quarter. Gill Capital Partners LLC grew its holdings in shares of PIMCO Municipal Income Fund II by 1,138.7% in the third quarter. Gill Capital Partners LLC now owns 594,274 shares of the investment management company’s stock valued at $4,701,000 after acquiring an additional 546,299 shares in the last quarter. Koshinski Asset Management Inc. increased its position in shares of PIMCO Municipal Income Fund II by 39.3% during the second quarter. Koshinski Asset Management Inc. now owns 141,875 shares of the investment management company’s stock valued at $1,057,000 after acquiring an additional 40,000 shares during the last quarter. Finally, Cove Private Wealth LLC lifted its holdings in PIMCO Municipal Income Fund II by 305.5% during the second quarter. Cove Private Wealth LLC now owns 148,389 shares of the investment management company’s stock worth $1,105,000 after acquiring an additional 111,798 shares during the period.

PIMCO Municipal Income Fund II Stock Performance

Shares of NYSE:PML opened at $7.60 on Wednesday. The business has a fifty day moving average price of $7.64 and a two-hundred day moving average price of $7.58. PIMCO Municipal Income Fund II has a 1 year low of $7.10 and a 1 year high of $8.67.

PIMCO Municipal Income Fund II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Investors of record on Tuesday, January 13th will be given a dividend of $0.0395 per share. The ex-dividend date is Tuesday, January 13th. This represents a c) annualized dividend and a yield of 6.2%.

PIMCO Municipal Income Fund II Profile

PIMCO Municipal Income Fund II (NYSE: PML) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of municipal securities, including both investment-grade and below-investment-grade bonds issued by state and local governments, as well as other public entities. By focusing on the municipal market, the fund aims to offer tax-advantaged income to investors, particularly those in higher federal tax brackets.

The fund’s portfolio construction emphasizes rigorous credit analysis, sector diversification, and maturity management to balance income objectives with risk controls.